NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
64 hedge funds and large institutions have $78.8M invested in NUVEEN DIV ADV MUNI FD-2 in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
9% more capital invested
Capital invested by funds: $72.4M → $78.8M (+$6.41M)
8% more funds holding
Funds holding: 59 → 64 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.46M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$2.32M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.77M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.63M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.84M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.59M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.42M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$913K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$776K |
NXZ Hedge Fund Activity: Q1 2016 in Review
64 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q1 2016, worth a combined $78.8M — up 8.8% from $72.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NXZ positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.46M. The largest seller was Karpus Investment Management, cutting an estimated $2.84M.
- 64 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q1 2016, up from 59 in Q4 2015.
- Funds reported $78.8M of NUVEEN DIV ADV MUNI FD-2 stock for Q1 2016, up 8.8% quarter-over-quarter.
- 11 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q1 2016 and 6 closed out, a net change of +5 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q1 2016 was Wells Fargo, an estimated $5.46M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q1 2016 was Karpus Investment Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2016.